Smithfield Foods, Citing High Costs of Operating in California, to Close Pork Plant - The Wall Street Journal

The U.S.’s largest hog processor by volume says it isn’t worth doing business in the state due to rising inflation and the regulatory environment.

Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and shrinking the size of its hog herd in the region, saying the cost of doing … [+315 chars]

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